Messages

1

Questions and Answers / How Do You Decide What Properties to Investigate?

« on: June 11, 2007, 02:24:42 PM »

Hi All,

I've been looking at various tax sale listings and I'm wondering how to decide which ones to investigate futher?

The municipal descriptions are not usually very descriptive...They give you the roll number and lot number etc. but usually don't specify the actual lot size or what's on the lot.

I'm just curious as to how to determine more info about the properties and how to decide from their municipal descriptions whether they're even worth investigating or not.

I'd appreciate some imput.

Thanks 

AP.

2

Questions and Answers / Question about buying the properties from the owners.

« on: June 05, 2007, 01:59:24 AM »

Hello All,

This is my first time posting on this board and I am happy to have found such a wonderful resource!

I am very new to tax sales and have just begun to research all that is involved. I have read through a fair amount of archives on this site but have not found an answer to a question that has been on my mind: Is is possible to go directly to the owner of a property that's for tax sales and offer to buy it from them (avoding the whole tender process) and pay the remander of the back taxes to the municipality? Or, does the municipality take ownership of the property and not allow this kind of deal? I'm a little confused because I know the owner has up until the deed is signed by the winner to pay their taxes and redeem their property...so technically they must still own it?

I would appreciate your input as I am very curious about all the details and find this whole process very facinating and exciting.

It has always been my goal and desire to live in the 'country' and own a small farm and I am determined to find the right property for my husband and I...I'm hoping that if I research enough and am persistant that eventually it will pay off.

Regards

AP